“Reaching $3b in funds under management is a testament to the quality and range of our investment options, and this rapid growth demonstrates the potential of this business.”

There are more than 80,000 New Zealanders invested in Smartshares’ products, either directly, via its SuperLife business, or through financial advisers and investment platforms Sharesies and InvestNow.

Smartshares is focused on ongoing investor education. The fourth annual ETF Masterclass was held in Wellington, Christchurch and Auckland in June. The annual SuperLife investor seminars will occur in major centres in September and October.

SuperLife now allows financial advisers and their clients to agree fees for service and have these conveniently administered by SuperLife.